2117 RABB RD TX 78704
| Owner | HUSTED MICHAELS JOHN |
|---|---|
| Parcel ID | 0100081216 |
| Short ID | 100759 |
| Type | Real |
| Use Code | 02 Duplex |
| Valuation | Cost |
| Improvement SF | 1,928 SF |
| Land SF | 12,506 SF |
| Acres | 0.287 |
| Year Built | 1964 |
| Legal | 50% OF LOT 4 AVON HEIGHTS SEC 5 |
| Neighborhood | L1005 |
| Land | $817,590 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $817,590 |
| Improvement | $230,415 |
|---|---|
| Total Improvement | $230,415 |
| Market | $1,048,005 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,048,005 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,048,005 |
| Taxable Value | $1,048,005 |
|---|
Appreciation: Market value has risen +147.7% from $423,087 (2021) to $1,048,005 (2025), a CAGR of 25.5% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2021→2022), not a steady climb — worth checking what drove that reappraisal rather than assuming a smooth trend. Over the same span, the median Multi-Family parcel countywide rose +19.0%, so this parcel has outpaced the broader multi-family market over the same period.
Tax Burden: The combined rate across 5 taxing entities is 2.0465% in 2025 (+0.0647% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $21,447. Austin ISD is the largest single contributor, at 45.2% of the total 2025 levy.
Asset Class: Multi-family residential. This is valued using the cost approach, tied more to replacement cost and physical condition than to income performance.
Value Composition: Land carries 78% of market value ($817,590 land vs $230,415 improvements), about $65/SF of land. With value concentrated in the land under a ~62-year-old structure, this reads as a land-dominated asset — the classic higher-and-best-use / redevelopment signal. Underwrite the dirt, not the building.
Submarket Position: At $1,048,005, this parcel sits in the top quartile (≥75th percentile) of Multi-Family property in Travis County — county median $519,086 (P25 $438,150 / P75 $747,031, n=12,570). Multi-Family here is the broad TCAD category — every multi-family property countywide, any size or use — not a use-code-specific peer group. See the Peer Set and the Where This Property Stands benchmark below, which narrows to this property's actual use code, for parcel-level comparables.
Forward Outlook: Holding the +18.9% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $2,391,981 by 2031, with an estimated annual tax burden around $30,520. Estimated Forward figures are model projections, not certified — see the 6-Year Projection section for the low/base/high bands.
No delinquent taxes on record.
6 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 1,928 SF | ✓ |
| 095 | HVAC RESIDENTIAL | 1,928 SF | ✗ |
| 061 | CARPORT ATT 1ST | 380 SF | ✗ |
| 011 | PORCH OPEN 1ST F | 176 SF | ✗ |
| 581 | STORAGE ATT | 80 SF | ✓ |
| 251 | BATHROOM | 2 SF | ✓ |
Estimate only. The appraisal district sets value as of Jan 1 (not at sale price). A sale is strong evidence of market value and is typically reflected in the next Jan 1 valuation. Taxing units set rates annually. Modeled from government data — not a legal or tax opinion.
| Entity | 2021 Rate | 2022 Rate | 2023 Rate | 2024 Rate | 2025 Rate | YoY (2024→25) | Amt Due | Amt Paid | Balance |
|---|---|---|---|---|---|---|---|---|---|
| IAU Austin ISD | 1.0617% | 0.9966% | 0.8595% | 0.9505% | 0.9252% | -0.0253% | $9,696.14 | $9,696.14 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $5,491.72 | $5,491.72 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $3,938.87 | $3,938.87 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,236.89 | $1,236.89 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,083.64 | $1,083.64 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $21,447.26 | $21,447.26 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $9,696.14 | 45.2% |
| CAT City of Austin | 0.5240% | $5,491.72 | 25.6% |
| TCO Travis County | 0.3758% | $3,938.87 | 18.4% |
| THD Travis Central Health | 0.1180% | $1,236.89 | 5.8% |
| ACT Austin Community College | 0.1034% | $1,083.64 | 5.1% |
| Total | 2.0465% | $21,447.26 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,005,990 | $1,048,005 | -4.0% |
| Assessed Value | $1,005,990 | $1,048,005 | -4.0% |
| Land Value | $817,590 | $817,590 | +0.0% |
| Improvement Value | $188,400 | $230,415 | -18.2% |
| Taxable Value | $1,005,990 | $1,048,005 | -4.0% |
| Total Tax 2026 = estimate |
~$20,587
Estimated
|
~$21,447
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $1,005,990 | $817,590 | $188,400 | — | $1,005,990 | $1,005,990 | Not yet — post-cert | Preliminary |
| 2025 | $1,048,005 | $817,590 | $230,415 | — | $1,048,005 | $1,048,005 | ~$21,447 | Partial |
| 2024 | $1,193,557 | $1,012,500 | $181,057 | — | $1,193,557 | $1,193,557 | $23,654 | Verified |
| 2023 | $1,593,102 | $1,282,500 | $310,602 | −$845,186 | $747,916 | $569,919 | $9,470 | Verified |
| 2022 | $1,626,837 | $1,282,500 | $344,337 | −$567,977 | $1,058,860 | $979,316 | $11,278 | Verified |
| 2021 | $423,087 | $337,500 | $85,587 | −$199,959 | $223,128 | $78,502 | $10,505 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -4.0% | -4.0% | ~100% | Not available | Partial |
| 2025 | -12.2% | -12.2% | ~100% | Not available | Partial |
| 2024 | -25.1% | +59.6% | ~100% | No billing data | Verified |
| 2023 | -2.1% | -29.4% | 47.0% | No billing data | Verified |
| 2022 | +284.5% ! | +374.6% | 65.1% | No billing data | Verified |
| 2021 | base year | — | 52.7% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +147.7% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -4.0% | +48.2% | +18.9% | +284.5% | 2022 | -25.1% | 2024 |
| Assessment Ratio | 100.0% | 77.5% | — | 100.0% | 2024 | 46.9% | 2023 |
| Effective Tax Rate (2025) | 2.0500% | 2.0500% | — | 2.0500% | 2025 | 2.0500% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$21,447 | $15,271 | ~$26,248 | $23,654 | 2024 | $9,470 | 2023 |
Market value changed by 285% in 2022, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$1,196,262 | ~$1,106,589 | ~2.0139% | ~$22,286 | +18.9% |
| 2028 | ~$1,422,523 | ~$1,217,248 | ~1.9814% | ~$24,118 | +41.4% |
| 2029 | ~$1,691,578 | ~$1,338,973 | ~1.9488% | ~$26,094 | +68.2% |
| 2030 | ~$2,011,522 | ~$1,472,870 | ~1.9163% | ~$28,224 | +100.0% |
| 2031 | ~$2,391,981 | ~$1,620,157 | ~1.8837% | ~$30,520 | +137.8% |
| 2027 | ~$1,176,143 | ~$1,106,589 | ~2.0465% | ~$22,646 | +16.9% |
| 2028 | ~$1,375,075 | ~$1,217,248 | ~2.0465% | ~$24,911 | +36.7% |
| 2029 | ~$1,607,654 | ~$1,338,973 | ~2.0465% | ~$27,402 | +59.8% |
| 2030 | ~$1,879,572 | ~$1,472,870 | ~2.0465% | ~$30,142 | +86.8% |
| 2031 | ~$2,197,482 | ~$1,620,157 | ~2.0465% | ~$33,156 | +118.4% |
| 2027 | ~$1,216,382 | ~$1,106,589 | ~1.9977% | ~$22,106 | +20.9% |
| 2028 | ~$1,470,776 | ~$1,217,248 | ~1.9488% | ~$23,722 | +46.2% |
| 2029 | ~$1,778,373 | ~$1,338,973 | ~1.9000% | ~$25,441 | +76.8% |
| 2030 | ~$2,150,301 | ~$1,472,870 | ~1.8512% | ~$27,266 | +113.7% |
| 2031 | ~$2,600,014 | ~$1,620,157 | ~1.8024% | ~$29,201 | +158.5% |
In 2025, this property's market value of $1,048,005 places it in the top 25% for Multi-Family properties in Travis County (12570 comparable) — +102% above the county median of $519,086. Multi-Family here is the broad TCAD category — every multi-family property countywide, any size or use — not a use-code-specific peer group. Use the Use Code filter above to narrow to this property's actual type.
| Year | This Property | Bottom 25% | Median | Top 25% | Position | Group YoY |
|---|---|---|---|---|---|---|
| 2025 | $1,048,005 | $438,150 | $519,086 | $747,031 | ↑ Top 25% | -7.5% |
| 2024 | $1,193,557 | $467,312 | $564,206 | $847,583 | ↑ Top 25% | -6.3% |
| 2023 | $1,593,102 | $503,694 | $616,727 | $918,308 | ↑ Top 25% | +0.9% |
| 2022 | $1,626,837 | $506,269 | $614,560 | $904,074 | ↑ Top 25% | +39.0% |
| 2021 | $423,087 | $353,349 | $436,046 | $657,886 | ↓ Below median | base yr |
| Source | What it provides | Coverage for this parcel | Confidence |
|---|---|---|---|
| TCAD Certified Appraisal Roll ↗ | Market, assessed, and taxable value; land/improvement split; exemptions | 2025 | Certified |
| Texas Comptroller Annual Jurisdiction Roll (AJR) | Prior-year market and taxable value | 2021–2024 | Verified |
| TCAD Preliminary Export ↗ | First-look 2026 appraisal value, subject to change at certification | 2026 (exported June 9, 2026; certifies July 25, 2026) | Preliminary |
| Travis County Rates History ↗ | Adopted tax rate for each of this parcel's taxing entities | 1990–2025 | Verified |
| TaxCurOpenData | Current-year (2025) tax billing, by taxing entity | 2025 | Partial |
| PIR bulk billing export | Prior-year tax billing, Travis County Tax Office | 2021, 2022, 2023, 2024 | Verified |
| Satellite imagery (Esri World Imagery) | Aerial view of the parcel | Located by geocoding this parcel's address — may not resolve for every address | — |